Salary due on 30th september , salary paid on 10th october . Then what is the due date of tax deposit.
MUTHULAKSHMI
(Accounts Manager)
(75 Points)
Replied 04 June 2019
Liability accounted or paid whichever is earlier to be taken into account for TDS payment. If you book the liability in September then the tds payment will be next month before 7th.
arun
(junior lecturer)
(63 Points)
Replied 04 June 2019
arun
(junior lecturer)
(63 Points)
Replied 04 June 2019
MUTHULAKSHMI
(Accounts Manager)
(75 Points)
Replied 04 June 2019
If you make liability entries in March, will you deduct tds or not?
TDS to be deducted on liability also.
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